DYNACQ International Dynacq Healthcare Inc. - The Surgical Model of the Future

Dynacq Healthcare, Inc. Announces Reviewed Financial Results for the Fiscal Quarter Ended May 31, 2006
HOUSTON--(BUSINESS WIRE)--July 14, 2006--Dynacq Healthcare, Inc. (Nasdaq:DYII - News) today announced reviewed financial results for the third fiscal quarter ended May 31, 2006.

For the fiscal quarter ended May 31, 2006, net patient service revenue decreased 22% to $10.5 million as compared to the same quarter in the previous year. The loss from operations for the quarter ended May 31, 2006 was $1.1 million, compared to $1.4 million loss for the same quarter in the previous year. Net loss for the quarter ended May 31, 2006 was $818,000 as compared to a net loss of $913,000 in the same quarter of the previous year. This net loss is primarily a result of lower net patient service revenues.

Dynacq Healthcare, Inc. ("www.dynacq.com") is a holding company. Its subsidiaries provide surgical healthcare services and related ancillary services through hospital facilities and an outpatient surgical center.


Contact:

Dynacq Healthcare, Inc., Houston
Philip Chan, 713-378-2000
info@dynacq.com

Source: Dynacq Healthcare, Inc.

Copyright © 2004 Dynacq Healthcare, Inc. All rights reserved.
Privacy Policy